6124 Pembroke Rd, Miramar, FL
About this property
Exceptional value-add multifamily opportunity at 6124 Pembroke Road, Miramar, FL 33023. This 8-unit property includes two 1BD/1BA apartments and six studio units, offering a versatile mix in a high-demand rental corridor. Seven of the eight tenants are on month-to-month leases, allowing immediate upside through rent adjustments or renovations. The property produces $140,520 in current annual gross income, translating to an impressive near-7% going-in cap rate from day one—without raising rents. Ideally located on highly trafficked Pembroke Road, just off 441, the asset is extremely easy to rent and centrally positioned close to major highways and essentials. Additional highlights include updated mini-split A/Cs, several renovated interiors, an on-site coin laundry room, and a large garage for storage with potential to convert into a 9th unit. Seller financing is available with very attractive terms.
Property facts
- Sqft
- 3,670
- Year Built
- 1975
- Location
- Miramar, FL 33023
- County
- Broward County
- FEMA flood zone
- Zone X, moderate risk
- Ground elevation
- 9.4 ft
- Hurricane evacuation zone
- Not in a designated evacuation zone
- Distance to the coast
- 4.9 mi
Sources: FEMA National Flood Hazard Layer (panel 12011C0727J, effective 2024-07-31), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-02. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.